The partnership agreement of Angela and Dawn has the following provisions: 1. The partners are to earn 10 percent on the average capital 2. Angela and Dawn are to earn salaries of $30,000 and $16,000, respectively. 3. Any remaining income or loss is to be divided between Angela and Dawn using a 70:30 ratio. Angela's average copital is $52,000 and Dawn's is $34,000 Required: Prepare an income distrbution schedule assuming the income of the partnership is (o) $80,000 and (b) $30,000 if no partnership agreement exists, what does the UPA 1997 prescribe as the profit or loss distribution percentages? Note; Amounts that are to be deducted from an individual partner's capital balence should be entered with a minus sign